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a fight between how much spending cuts and how much taxes. the president got his -- >> well, simpson 3w0-bowles sai let's get rid of the high tax rates. the president doesn't want that. you had $1 trillion in tax increases with obama care. new tax increases at the beginning of this month. and now they are calling for even more tax increases, and they are not calling to cut spending. they are calling for spending increases. so basically what they're saying is, they want americans to pay more so washington can spend more. that's not going to help the economy, and that is not going to close the gap and balance the budget. the reason we want to balance the budget is not to make the numbers add up. we think that's necessary for growth and opportunity. we think it's necessary to make sure that our kids don't get this debt that they won't be able to handle if we keep going down the path we are on. >> but there are certainly those in the white house who would take issue with what you said or might even say to use your own criticism that's a straw man argume argument. they were prepared to cut ad
to raise tax rates. a lot of the democrats i talked to and even the white house said they are willing to do tax reform where there could be additional revenue. are you opposed to any additional revenue that could come from tax reform? >> we offered that back in the fiscal cliff negotiations. the president got his additional revenues. that's behind us. those higher revenues occurred, and now we need to focus on getting spending down. >> here is the leverage question. senator schumer said we didn't just get our revenues. we got some. there has to be more that are part of it. the president will say that. so as you are -- >> are we for more revenue? no, we are not. >> even if it's from tax reform? >> if you keep raising revenues, you're not going to get different tax reform. i know you didn't want a chart, but i'm kind of a chart guy. this dream line shows you the historic taxes. the red line is tax increases. the red line, where spending is going. spending is the problem. revenues aren't the problem. if you keep chasing higher spending with higher revenues as they're calling for, you're going
to be exactly the one that anyone wants, that show that america can make decisions. it set a more effective tax system. it reduced tax uncertainty going forward. i think we could have a booming environment. i may be wrong. that's my own personal belief. if we have a grand bargain, americans take off. the rest of the world needs us to be strong. europe still has its issues and it will for a couple of years. so i think it's important that america kind of take the lead here. i'm hoping in congress, that's what they do. >> what does your gut tell you about all of this money moving into stocks recently? we had a fantastic year in 2013. do you think this is sustainable? >> yeah, the economy grows, it's sustainable. and i think buy american company is pretty good prices. these are world class companies. not just america, european and japanese and chinese companies, but you are still buying them at fairly good prices. the return is not that good. i'm comfortable owning stocks right now. >> my thanks to jamie dimon. >>> the state of business, the state of investors and the state of europe is all part of
growth is the increase in payroll taxes, which is just beginning to show up. but some analysts say they hope it will be offset by new jobs and the new wages that come with them. brian? >> john yang starting us off in chicago tonight. john, thanks. >>> these gains in the stock market have come despite a big-ticket name having a rough time. apple announced some rough earnings numbers earlier this week. their stock has now taken a punishing blow. in fact, today apple lost its spot as the world's most valuable company. title goes back to exxon now. since apple has lost 37% of its value from its high point of more than $700 a share back in september. >>> across the country, as if thislu season wasn't bad enough already, it's now widespread in 47 out of the 50 states, remember. the cdc confirms what a lot of us already know from the workplace and the world around us. this other virus, the stomach bug that is making victims really miserable and they're dropping fast. more from our chief medical editor, dr. nancy snyderman. >> tonight, the cdc is warning about a new outbreak, norovirus, wh
the cell phone version of this with the network ship will run $929. so more than $1,000 with tax. the lesser expensive wi-fi only version will cost you a mere 7$99. ipads have really become the go to device for millions of people. yahoo! stock is up this morning a day after yahoo! said it made more money than expected. >>> and here's something of dubious news value. a digital artist in santa cruz has created this. this is the game for nintendo. here's mark crawly sending you on a mission to find cigars somewhere in the estate. it's a -- no actual game exists, but if it had come out in 1990, this is indeed what the game would have looked like. bill kylely writes music for modern day video games. if you're a fan, that may just be me, then this is pure gold. back to you. >> you always find the cool stuff. >>> a symbol of love in the south bay is coming unhinged. the los gatos town council getting rid of padlocks attached by lovers to a bridge over highway 17. more on why town officials want that display to come down. >> the idea seemed innocuous enough. couples here in the south bay
allowing 11 million undocumented immigrants living in the u.s. to earn citizenship by paying taxes and passing a background check, among other requirements. >> this is not just a debate about policy, it is about people. >> reporter: mr. obama described a similar bipartisan plan in the senate as encouraging, but republicans are also warning the president that there are limits to their willingness to compromise. >> if this endeavor becomes a bidding war to see who can come up with the easiest, quickest pathway to green card possible, this won't go well, folks. >> reporter: after winning 17% of the latino vote, the president is okay pressuring republicans. >> if congress is unable to move forward in a timely fashion, i will send a bill based on my proposal and insist that they vote on it right away. >> reporter: among those moves for the reform, they came to the u.s. illegally 13 years ago from mexico city. visiting at home with them in california, their 22-year-old daughter can't imagine life outside the u.s. >> spent more than half my life here. i would not have the first idea of ho
this hearing today tries to address. >> some of the proposed legislation includes increasing taxes making it more difficult to reload weapons and extending existing bans to weapons purchased before current prohibitions took effect. >>> today president obama talked about immigration reform and a pass to citizenship in the diverse bay area. immigration is not just a political issue but an economic one. the president spoke in las vegas but his speech was followed closely here in the bay area. nbc's kris sanchez watched the speech with immigrants rights advocates in eas san jose. kris, how did they receive this message? is. >> reporter: they were hanging on every word. all of it was very well received in one of the south bay's most vocal immigrant communities. as president obama talked about comprehensive immigration reform in las vegas, people were hanging on to every word in the sank we're of our lady of guadeloupe church in san jose including this mother who tells me she is here illegally after six tries across the border. after this speech she said she no longer thinks citizenship is just
, you'll love peanut butter and snickers. try snickers peanut butter squared. when you file your taxes. i read the whole 900 pages. i will give you a tax and health care review. i can help you figure it out. ♪ ♪ [ male announcer ] let's take every drop of courage, every ounce of inspiration, every bit of determination, and go where we've never gone before. ♪ introducing the radically new avalon. toyota. let's go places. >>> we're back now at 7:41. prince harry is back in britain this morning and he's trying to clarify some of the comments he made during his tour of duty in afghanistan. nbc kir seir simmons is in buckingham palace this morning. good morning to you. >> reporter: good morning. prince harry has faced criticism from his comments about killing the taliban. now, he's back and ainu interview, he's talking about what he's learned. >> it's been great. a hell of an experience. really proud of the guys. >> reporter: prince harry summing up his tour of duty in afghanistan, landing back in the uk, finally able to congratulate william and kate in person. her pregnancy announced
, democrats are demanding tax increases. and republicans are saying no way. chris: an expert on capitol hill. kelly. what do you think -- when you go around and just chat with people, do you sense that there is this cracking of ice that maybe we should have a hand in legislation and not just say no? >> i think there's less focus on what the obama politics of the moment or his legacy. and it's beginning to creep, at least with some people, about what story they will be able to tell for the next election of what they did. they recognize that the president has had a lot of capital. he will use it. but for them, and it's not -- we talked about, they're split but there are some people saying thousand can we influence things? -- saying how can we influence things? chris: why don't they start passing bills in the house on background checks? >> more willingness to move forward on immigration than anything that hags the word gun in it. chris: thank you. when we come back, scoops and predictions right from t ♪ secondhand smoke affects everyone's health. it's not just irritating. it can cause heart d
. [ announcer ] to do a job well, you need the right tools. so if you're filing your taxes online, choose h&r block at home. the power software created by the tax experts. file for free now at >>> good morning, looking live at the golden gate bridge and there is some fog but it's a bit farther out in the distance. thanks so much for joining us. i'm kris sanchez along with meteorologist anthony slaughter, who says it is going to be cold, but it is going to be somewhat sunny. >> we'll see sunshine but looking at the fog right now there, is a cold front off the coast and once that cold front moves through this afternoon, our temperatures are actually going to fall from the upper 50s back into the low 50s and 40s by this afternoon and that's where we're at now. 52 in san francisco, 48 in oakland, 51 in san jose, 49 in santa cruz and the cold front moves through this afternoon. temperature also start to fall. we were talking about a ten-degree drop in temperatures by this afternoon and it's going to be cold tonight with 30s returning and a brief shower possible tonight and tomorrow,
for the republican party. thank you, layrry. >>> close the tax loop on the wealthiest americans, that's the message members of congress and state leaders urged today during a rally in fremont. congressman mike conda joined union members speaking outside of the social security office. they say they want congress to avoid cuts in social security, medicaid, and offer a safety net for those who need it and have earned it. >> your hard work, your sweat, made this community possible, made this country possible. it's our soldiers who fight overseas on our behalf that make this possible. >> now there are similar rallies being held across the country all week. >>> still ahead at 6:00, a new warning for girls. the serious company now being linked to obesity. >>> plus, on the big screen to the super bowl. baltimore ravens lineman michael ohr's story. >>> and a lot of photos coming in today of the sunshine across the bay. this one in milpitas. it looks so great from our weather watcher, that allergy forecast is going into the high category tomorrow so watch out. we have that full forecast coming up in a few mi
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with the federal government. pay fines and back taxes, undergo criminal background checks and learn english. all of that is contingent on border security being strengthened. >> we have to ensure we don't do anything that encourages people to come here illegally in the future. >> we believe this will be the year congress finally gets it done. >> reporter: analysts say with the power of hispanic voters growing rapidly, the politics are right. >> the fact in washington both parties can get together to present a framework of something that could finally deal with all of the different aspects of immigration is really a big step forward. >> now, for years, washington has tried to pass immigration reform and failed and there is no guarantee that lawmakers will be successful this time around. for one, the president's plan is expected to differ with the senate's plan. there is still a lot of opposition in congress to many of the proposals being discussed. >>> we are joined now by former vice presidential gore. you will sit down in a lot of chairs like this to promote this book. is this something you reli
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Search Results 0 to 14 of about 15 (some duplicates have been removed)